ESCP Europe

PART 1: THE MARKET BACKGROUND 1. Mastering financial arithmetic 2. Money market basics 3. Bond market basics 4. Swaps and options basics PART 2: REPOS AND HOW TO USE THEM 5. The different repo structures 6. The users and applications of repos 7. Market developments PART 3: MARKET DETAILS AND DOCUMENTATION 8. An overview of domestic repo markets 9. The legal and regulatory framework PART 4: PRACTICE ACI EXAM, HINTS, AND ANSWERS 10. A complete practice ACI exam 11. Hints and answers to exercises and practice exam Appendix 1: PSA/ISMA Documentation Appendix 2: A summary of market day/year conventions Appendix 3: A summary of calculation procedures Appendix 4: Glossary.